Phoenix Luxury Homes

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Phoenix Luxury Homes
Phoenix Luxury Homes

Luxury Home Links…
Home | $800~$2M | $2M~$4M | $4M~$6M | $6M+ | Condos~THs | Open House | Market Report | Office Listings | Sellers | ~ Select Cities ~ Cave Creek | Paradise Valley | Phoenix | Scottsdale | Neighborhoods

Welcome to Phoenix Luxury Homes where we hope you enjoy your time here. Your Search Results will appear below showing the “Newest Listings” first. We can also provide Live Video Previews for your favorite Luxury Homes! 🙂

Prices…
(Phoenix Luxury Homes)
Our Median Sales Price in October was $994,700, down -2.0% from $1,015,000 in October of 2019 and down -0.5% from $1,000,000 last month. The average sales price in October was $1,263,256, up 3.5% from $1,220,862 in October of 2019 and down -0.3% from $1,267,184 last month. October 2020 ASP was at a mid range compared to October of 2019 and 2018. (more market report below photos)

We can currently see (301) Luxury Homes available today in Phoenix. (inventory is falling)

Phoenix Luxury Homes ~ Newest Listings

$849,900
MLS # 6165112
3 Beds
3 Baths
2,100 Sqft
Status: Active
Property Type: Single Family - Detached
$995,000
MLS # 6165118
4 Beds
3 Baths
3,531 Sqft
Status: Active
Property Type: Single Family - Detached
$885,000
MLS # 6155464
4 Beds
3 Baths
2,184 Sqft
Status: Active
Property Type: Single Family - Detached
$999,900
MLS # 6163546
4 Beds
3 Baths
4,914 Sqft
Status: Active
Property Type: Single Family - Detached
$2,150,000
MLS # 6151880
4 Beds
3 Baths
4,888 Sqft
Status: Active
Property Type: Single Family - Detached
$1,300,000
MLS # 6162127
3 Beds
3 Baths
2,548 Sqft
Status: Active
Property Type: Apartment Style/flat
$2,650,000
MLS # 6164212
5 Beds
7 Baths
7,289 Sqft
Status: Active
Property Type: Single Family - Detached
$1,185,000
MLS # 6164323
4 Beds
5 Baths
4,811 Sqft
Status: Active
Property Type: Single Family - Detached
$839,888
MLS # 6164485
2 Beds
2 Baths
1,258 Sqft
Status: Active
Property Type: Apartment Style/flat
$1,199,000
MLS # 6164603
3 Beds
3 Baths
2,529 Sqft
Status: Active
Property Type: Apartment Style/flat
$1,075,000
MLS # 6163792
4 Beds
3 Baths
5,329 Sqft
Status: Active
Property Type: Single Family - Detached
$3,500,000
MLS # 6164102
8 Beds
10 Baths
9,700 Sqft
Status: Active
Property Type: Single Family - Detached
$1,349,500
MLS # 6163891
3 Beds
3 Baths
2,924 Sqft
Status: Active
Property Type: Apartment Style/flat
$3,400,000
MLS # 6159705
5 Beds
6 Baths
6,910 Sqft
Status: Active
Property Type: Single Family - Detached
$929,000
MLS # 6158363
4 Beds
3 Baths
2,555 Sqft
Status: Active
Property Type: Single Family - Detached
$1,475,000
MLS # 6161956
4 Beds
4 Baths
3,984 Sqft
Status: Active
Property Type: Single Family - Detached
$849,500
MLS # 6162300
2 Beds
2 Baths
1,628 Sqft
Status: Active
Property Type: Apartment Style/flat
$925,000
MLS # 6163037
5 Beds
5 Baths
5,624 Sqft
Status: Active
Property Type: Single Family - Detached

Phoenix Luxury Homes ~ Monthly Market Report

Sales
(for Phoenix Luxury Homes) Our October property sales were 126, up from 59 in October of 2019 and 0.8% higher than the 125 sales last month. October 2020 sales were at their highest level compared to October of 2019 and 2018. October YTD sales of 723 are running 43.7% ahead of last year’s year-to-date sales of 503.

Inventory
(for Phoenix Luxury Homes) The total inventory of properties available for sale as of October was 291, up 6.6% from 273 last month and down -4.3% from 304 in October of last year. October 2020 Inventory was at the lowest level compared to October of 2019 and 2018.

Market Time
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer’s market, a downward trend a move towards more of a seller’s market. The DOM for October was 54, down from 56 days last month and down from 91 days in October of last year. The October 2020 DOM was at its lowest level compared with October of 2019 and 2018.

Selling Price / Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the ‘mix’ of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The October 2020 selling price per square foot of $331 was up 2.2% from $324 last month and up 1.8% from $325 in October of last year.

Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer’s market exists, a ratio at or above 100% indicates more of a seller’s market. The October 2020 selling price vs list price of 96.9% was up from 96.7% last month and up from 92.7% in October of last year.

Contact Us
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955 ~ Our Office is located here, and you can also see us at Paradise Valley Homes 🙂

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